BAODING, China, Oct. 31, 2023 /PRNewswire/ -- IT Tech
Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the
"Company"), a leading manufacturer and distributor of diversified
paper products in North China,
today announced the results of the Company's 2023 Annual
General Meeting of Stockholders (the "Annual Meeting") held at the
Company's production base in Wei County, Hebei Province, China. at 10:00
a.m., Beijing Time, on October 31,
2023.
At the Annual Meeting, IT Tech Packaging's stockholders:
- Elected two Class I directors (Marco Ku
Hon Wai and Wenbing Christopher
Wang) to serve on the Board of Directors of the Company,
with such Class I directors to serve until the 2025 Annual
Meeting of Stockholders and until their respective successors have
been duly elected and qualified or until his or her earlier
resignation, removal or death;
- Ratified of the appointment of WWC, P.C. Certified Public
Accountants as the Company's independent registered public
accounting firm for the fiscal year ending December 31, 2023; and
- Approved the adoption of the IT Tech Packing, Inc.
2023 Omnibus Equity Incentive Plan (the "2023 Plan")
About IT Tech Packaging, Inc.
Founded in 1996, IT Tech Packaging, Inc. is a leading
manufacturer and distributor of diversified paper products and
single-use face masks in North
China. Using recycled paper as its primary raw material
(with the exception of its tissue paper products), ITP produces and
distributes three categories of paper products: corrugating medium
paper, offset printing paper and tissue paper products. With
production based in Baoding and Xingtai in North China's Hebei
Province, ITP is located strategically close to the
Beijing and Tianjin region, home to a growing base of
industrial and manufacturing activities and one of the largest
markets for paper products consumption in the country. ITP has been
listed on the NYSE American since December
2009. For more information, please visit:
http://www.itpackaging.cn/ .
Safe Harbor Statements
This press release may contain forward-looking statements. These
forward-looking statements involve inherent risks and uncertainties
that could cause actual results to differ materially from those
projected or anticipated, including risks outlined in the Company's
public filings with the Securities and Exchange Commission,
including the Company's latest annual report on Form 10-K. All
information provided in this press release speaks as of the date
hereof. Except as otherwise required by law, the Company undertakes
no obligation to update or revise its forward-looking
statements.
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SOURCE IT Tech Packaging, Inc.